banner_ad

Fixed deposit receipt trading

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 kindly confirm me,
is there any fixed deposit receipts or current account can use for trading with best interest rate?

if can, is it fully legal?
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
14 December 2012 trading means??
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 December 2012 trading in international commodities, oil and etc.
Profile Image

CA CS Amit S. Kedia

Profile Image

CA CS Amit S. Kedia (Expert)
14 December 2012 I dont understand you query, how the FD will be used for trading. it has fixed tenure/maturity.
Profile Image

@VaibhavJ

Profile Image

@VaibhavJ (Expert)
14 December 2012 Hi

since trading is business you can nat do it with Savings Bank A/c, you have to route through current A/c

Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details